Class Notes (837,539)
Canada (510,303)
DEVS 230 (31)

Week 9 Monday November 5

3 Pages
Unlock Document

Global Development Studies
DEVS 230
Marc Epprecht

Week 9 Monday November 5 Corporate Social Responsibility Corporate Power Increases in Neoliberalism (Inclusive Development)  Structural and relational power  WTO + Bilateral Trade Agreements (FTA)  TNCs have decisive powers to shape public policy and influence government action Efficiency Principle  Principle framing CSR: Neoliberal assumption that social issues have an economic value to be determined by market forces  Reduces social and environmental concerns to economistic criteria of value.  Self regulation/ voluntary regulation  (Milton Friedman anti- CSR) Polanyian Tension  social protection was a spontaneous reaction to the social dislocations imposed by the unrestrained free markets  in Keynesianism, social protection from forces of free market provided by the state and international organizations (BWR)  UN Commission on Transnational Corporations – Code of Conduct dismissed by global North and abandoned  In neoliberalism, social protection from market forces is provided by market/private actors HAND OUT – Contextualizing CSR Corporations (Stanford)  Private firm which has been granted legal rights and responsibilities of a person, but in a way that keeps the corporation itself private from the people who own it (shareholders)  Goes on to talk about corporations from Stanford. CSR  Shaped through the interplay of popular pressures and the response of corporations to those pressures in neoliberalism  Voluntary regulation  Doesn‟t provide an alternative model, but captures and promotes the oral dimensions of capitalism in ways that resonate with investors and consumers Context of CSR in Neoliberalism  Bhopal Disaster, South Africa Divestment campaign, Exxon Valdez, etc Defining CSR „Movement‟  Shaped through popular pressures and the corpora
More Less

Related notes for DEVS 230

Log In


Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.